[quote=joewhite]Was not a rental, and actually owned by a real estate agent (maybe broker?). From private conversations with well-versed agent, they know this was a bogus transaction. Unlike a place a few doors down which has been completely gutted, this place was not completely rebuilt. I would be shocked if more than 100K was put into it.[/quote]
So back in the world of adult conversations:
So Joe,
You knew this was a fake deal and were just having a piss?
You do realize agents have these childish (see above thread) and sensationalized discussions all the time.
We do boring things for a living and sometimes try to make it more interesting by saying we know something we don’t.
Its not a big secret.
So in the bogus (I don’t yet know if that term applies) transaction, who benefited?
Who was getting a piece at whose expense?
Was the the listing or selling or flipper agent kicking a referral to the original seller?
